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CONDENSED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Operating activities    
Net loss $ (7,293) $ (4,403)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 31 27
Stock-based compensation 238 104
Non-cash interest expense 129 1,365
Change in fair value warrant liability   (5)
Change in fair value derivative liability   162
Changes in operating assets and liabilities:    
Other receivable (437)  
Prepaid expenses and other assets (99) 246
Accounts payable 225 129
Accrued expenses (1,533) (257)
Deferred rent 8 (2)
Net cash used in operating activities (8,731) (2,634)
Investing activities    
Purchases of property and equipment (84) (6)
Net cash used in investing activities (84) (6)
Financing activities    
Long-term borrowings, net 616  
Repayments of long-term debt (938)  
Net cash used in financing activities (322)  
Net decrease in cash and cash equivalents (9,137) (2,640)
Cash, cash equivalents and restricted cash at the beginning of the period 61,051 13,406
Cash, cash equivalents and restricted cash at the end of the period 51,914 10,766
Supplemental disclosure for cash flow    
Cash paid for interest 98 39
Supplemental disclosure of non-cash investing and financing activities    
Accrued interest on term loan refinanced to principal 308  
Issuance of warrants in conjunction with debt 209  
Debt refinanced with new term loan 6,563  
Initial recognition of operating lease right-of-use assets and operating lease liabilities 1,991  
Accretion of redeemable convertible preferred stock   16
Purchases of property and equipment included in accounts payable $ 11 $ 10